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Russia buys bananas and papayas from India amid spat with Ecuador.
Feb 08, 2024
Amidst a growing dispute with Ecuador, its main banana supplier, Russia has started purchasing bananas and papayas from India. The change in economic relations is brought on by geopolitical concerns as Russia is looking for other suppliers. It all began when Ecuador decided to swap high-tech American weapons for Russian-manufactured military hardware, which made Russia unhappy.
Russia received its first shipment of bananas from India in January, and another shipment is expected at the end of February. The Russian agricultural watchdog Rosselkhoznadzor said that 'the volume of exports of Indian bananas to the Russian market will increase,' indicating a rising demand for Indian bananas in Russia.
India, known for producing a significant amount of bananas, has expressed a desire to export other fruits to Russia, including papaya, guava, mangoes, and pineapples.
Rosselkhoznadzor reportedly stopped importing bananas from five Ecuadorian companies due to pest detections. Refuting the Russian claim, Ecuador's food safety authority said that there was no substantial risk because insects were present in a very small percentage of the exports to Russia.
Though Russian officials have not explicitly linked the decision to acquire bananas from India to the diplomatic spat between Ecuador and the US, Russia has a well-established policy of restricting food imports from nations with whom it disagrees.
These events are taking place against the backdrop of an agreement that Moscow has denounced, in which Ecuador agreed to send Russian military gear to the US. Russia views this as assistance for Ukraine against Russia in the continuing crisis. This development is part of a bigger geopolitical game in which Russia is trying to expand its trading alliances in the face of Western sanctions because of its military operations in Ukraine.
Since 2022, trade ties between Russia and India have grown closer as Russia has turned to non-Western nations to offset the effects of various Western sanctions. Ecuador had a major role in Russia's fruit import strategy, as evidenced by the fact that Russia was the country that imported the most bananas from Ecuador prior to the conflict.
economictimes.indiatimes.com
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